If new Treasury proposals are approved, businesses and individuals who are battling the Kenya Revenue Authority (KRA) in court over tax demands will be required to deposit...
Bamburi Cement’s net profit for the fiscal year ending December 2022 fell by 86.9 percent to Sh181 million due to lower sales and higher costs. The...
The Supreme Court has approved the installation of a device on mobile phone networks to detect counterfeits, despite concerns that it will give the watchdog access...
Despite larger debt payments, Treasury data show that the government’s financial position improved in March compared to February, contradicting public statements by officials portraying the government...
As a result of low property valuations caused by the challenging economic climate, banks are turning to repeat auctions to expedite the sale of seized vehicles,...
Due to their limited resources and the rising cost of living, Kenyan borrowers are finding it difficult to pay their credit obligations. According to the most...
Kenya Airways (KQ) completed a decade in the red with a record Sh38.26 billion full-year loss, hurt by debt and skyrocketing fuel prices. This is the...
Zumi, an e-commerce platform dealing with non-food commodities, has closed down after funding dried up, adding to the growing list of tech firms that have failed...
Kenya Power has scrapped plans to bill customers in dollars and euros after the sector regulator said the move would not be approved. The utility says...
Gold exchange-traded funds (ETFs) rose to their highest level since listing on Kenya’s stock exchange in 2017, giving investors access to the global yellow metal market...